John, welcome to the forum. Don't rush into anything, your 54 Burb is kinda unique. Give some thought to restoring it, as opposed to hotrodding. If the original frame is in good condition, no reason to change it out. Keep in mind none of the swaps are easy! With all the upgrades available, you can make a sweet ride out of any old vehicle. With the V8 already in it the PO must have made some mods? Most likely the steering? We like pics!!!